Albania vs Iceland: Real interest rate
Real interest rate over time
- Albania
- Iceland
How they compare
Albania currently reports 4.0% against 3.9% in Iceland, a difference of 0.1%.
The two have swapped places 11 times across 38 shared years of data; in 1986 it was Albania ahead.
Globally, Albania ranks 83rd and Iceland ranks 86th of 148 countries.
Individual pages
About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.